Present-bias, quasi-hyperbolic discounting, and fixed costs.

Jess Benhabib Alberto Bisin Andrew Schotter

Published in: Games Econ. Behav. (2010)

Keyphrases

fixed cost
inventory models
total cost
infinite horizon
lot sizing
mixed integer programming
inventory control
finite horizon
dynamic programming
production planning
planning horizon
stochastic demand
decision making
optimization problems
production system
production cost